Resonac adds second specialty gas production site as AI grows
By 31 min ago 2 min read Japan’s Resonac is expanding production of high-purity hydrogen fluoride gas used in semiconductor manufacturing as AI investment and hyperscale data centre expansion drive…
Nippon Sanso deepens Hysytech partnership through investment
By 43 min ago 2 min read European industrial and medical gases company Nippon Sanso has expanded its investment in Italy-based engineering company Hysytech, bringing the business into its On-Site…
Shell Offloads 50% Stake in Na Kika Platform for $1.7 Billion
Shell has struck a deal to sell a 50% stake in the Na Kika oil platform and related assets to Talos Energy and Ridgewood Energy, with the price tag at…
Oil Prices Reflect Optimism That Hormuz Has Yet to Justify
Crude oil prices ended the second quarter of the year with the steepest decline since 2020, with Brent shedding close to 40% on optimism about a peace deal between the…
KKR and SK Launch South Korea’s Largest Renewable Energy Platform
Global investment firm KKR and South Korea’s industrial conglomerate SK Inc are launching the single biggest renewable energy platform in South Korea to help meet growing power demand from AI…
Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut
The coming global race to rebuild depleted oil inventories will not be enough to offset a massive glut that’s coming to the market next year, as traffic through the Strait…
America Bets $50 Billion on Coal and Gas Power as Electricity Demand Soars
U.S. companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said, as quoted by the Financial…
Atome delays results, suspends trading as Paraguay PPA talks continue
The project is due to begin production in late 2029 © Atome By 9 min ago 2 min read Green hydrogen fertiliser developer Atome has delayed its 2025 annual report and…
Messer targets Southeast Asia growth with trio of gas acquisitions
By 12 min ago 2 min read Messer has completed the acquisitions of WKS Group and Wipco and signed an agreement to acquire Kobewel, as the industrial gas company looks…
Trump Tells Gasoline Retailers to Cut Prices Immediately
In a statement posted on his Truth Social page on Tuesday, U.S. President Donald J. Trump ordered U.S. gasoline retailers to cut their prices “immediately”. “Gasoline Retailers must get their…
